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Business

‘I pump, I don’t dump’: Bitcoin, Ether and Dogecoin prices surge after Elon Musk says he owns cryptos

Bitcoin zoomed past $32,000 after Elon Musk, Jack Dorsey and Cathie Wood spoke during a panel on the future of Bitcoin. The largest digital currency rose more than 8% to about $32,270 on Wednesday. Other cryptos advanced too, including Ether and Dogecoin. Musk, the chief executive of Tesla Inc., reiterated his backing of Bitcoin, saying […]

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Insane

Mysterious ‘whale’ holds about 36.7 billion Dogecoins worth nearly $15 billion

The largest Dogecoin holder in the world is a whale, and it has further expanded its portfolio in the crypto crash last week. Data from Bitinfocharts shows that a Dogecoin address overall holdings to whopping 36.7 billion Dogecoins which are nearly worth $15 billion. The valuation was once close to $22 billion but has decreased […]

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Business World

Cryptocurrency market takes deep plunge, nearly $1 trillion wiped off

The crypto markets took a deep dive on Wednesday that at one point it nearly wiped off $1 trillion market capitalization. Bitcoin and ether tumbled to a low of 3.5 months. They are on track to post their largest one-day loss since March last year. Bitcoin, the biggest and best-known cryptocurrency, had already been under […]

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Insane

‘DOGE-1 Mission to the Moon’: Elon Musk’s SpaceX to launch crypto funded satellite to the moon

Rocket company SpaceX will put a literal Dogecoin on the moon. Elon Musk, the founder, CEO, CTO, and chief designer of SpaceX in a tweet said the commercial space exploration firm will launch the “DOGE-1 Mission to the Moon” early next year. The mission will be funded by the meme-inspired cryptocurrency dogecoin. The DOGE-1 is […]

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Insane

Dogecoin falls nearly 50% after Elon Musk’s appearance on SNL

Elon Musk’s appearance on Saturday Night Live over the weekend didn’t take Dogecoin “to the moon.” On the contrary, the price dropped significantly. In the days and weeks leading up to Musk’s much-anticipated gig as SNL host, Dogecoin began rising heavily. In January, Dogecoin was priced at around 1 cent. Just last week a single […]